Alexis Ohanian, founder of Reddit and husband of Serena Williams, has purchased a 10% stake in Chelsea Women's Super League team for approximately $20 million. This investment values the women's team at $200 million. Ohanian aims to elevate Chelseaâs profile in the U.S. and has previously been a significant investor in women's sports, asserting that he supports the growth of the sector. Chelsea recently appointed Aki Mandhar as their first CEO for the women's team and is coming off a successful season, winning their sixth consecutive WSL title.
I've bet big on women's sports before, and I'm doing it again. I'm proud to announce that I'm joining Chelsea as an investor and board member.
His 20m investment puts the value of Chelsea women at 200m, which was the value placed on the club when Chelsea FC Holdings sold the team to a sister company earlier this year.
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